Xiaomi has carried out cold-weather testing of its first electrical automobile and stays on track to start mass manufacturing in the first half of 2024, chief govt Lei Jun mentioned on Monday. The automobile will fall in the worth vary of RMB 100,000 to RMB 300,000 ($14,437 to $43,311), focusing on the nation’s aggressive mainstream automobile phase, Lei mentioned again in April 2021, when the Chinese smartphone maker unveiled its EV initiative. Since final April, the corporate has been constructing a manufacturing facility with an annual manufacturing capability of 300,000 autos in Beijing, the place it has its headquarters, though it has but to safe manufacturing approval from the central authorities. [Caixin, in Chinese]
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